Ringgit slips against US Dollar as fed seen delaying rate cuts

After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Jun 1, 2025Ringgit slips against US dollar as US Fed flags inflation worries-0.5%
• Nov 13, 2018Ringgit ends lower against US dollar | FMT-0.4%
• Apr 18, 2024US dollar gains after strong data, Fed comments on rate cuts-0.1%
• Oct 31, 2022Ringgit ends lower against US dollar | Malay Mail-0.1%
• Dec 11, 2023Ringgit opens on softer note against US dollar | Scoop-0.8%

After 51 past bearish macro events, PALMOIL moved a median -1.3% over 5 sessions (35% higher; middle half -4.1% to +1.1%), and -1.8% over 20.

• Jun 1, 2025Ringgit slips against US dollar as US Fed flags inflation worries+2.3%
• Nov 29, 2022Ringgit retreats to open lower against US dollar | Malay Mail+1.1%
• Dec 19, 2024Ringgit declines to RM4.50 against greenback over US rate cuts | Malaysiakini-0.1%
• May 23, 2020Sideways trading seen for the ringgit as trade tensions worsen | Malay Mail+9.7%
• Sep 22, 2024MYR USD: Malaysia Ringgit Set for Best Quarter Since 1973, Signaling More Gains - Bloomberg+1.1%